Senate inquiry into the performance of ASIC: Opening statement February 2014

Speaking notes from Greg Medcraft, Chairman, Australian Securities and Investments Commission, opening statement to the Senate inquiry into the performance of the Australian Securities and Investments Commission, 19 February 2014.

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Introduction

We welcome the inquiry into ASIC’s performance and are grateful to all the people who have taken the time and effort to provide submissions.

We have considered all submissions in an effort to learn as much as we can from them – and, also, to enable ASIC to do a better job.